46 C.F.R. § 308.546 Standard optional endorsement No. 1–A, Form MA–316–A.
Title 46 - Shipping
Standard Optional Endorsement No. 1–A limits the amount payable for the loss of goods to the actual bona fide pecuniary loss to the Assured, exclusive of any allowance for anticipated or accrued profit arising out of the insured venture. (Similar provisions for Open Cargo Policies are contained in Standard Optional Endorsement No. 1, Form MA–300–A, prescribed in §308.518.) Application for Standard Optional Endorsement No. 1–A shall be made to the Underwriting Agent at the time application is made for the policy. The Underwriting Agent is authorized to issue the endorsement without prior approval of the Maritime Administrator. This form may be obtained from the American War Risk Agency or MARAD.
Title 46: Shipping
PART 308—WAR RISK INSURANCE
Subpart F—War Risk Cargo Insurance
III—Facultative War Risk Cargo Insurance
§ 308.546 Standard optional endorsement No. 1–A, Form MA–316–A.
